Banking

How to write 5 lakhs in cheque

To write 5 lakhs on a cheque, follow these steps to ensure accuracy and prevent any potential misuse:
  • In the Amount in Words line: Write "Five Lakh Only". Adding the word "Only" at the end is a standard banking practice to prevent any further additions to the amount.
  • In the Number Box: Write "5,00,000/-". Using the forward slash and hyphen after the numerical value indicates the end of the amount, ensuring no extra digits can be added.

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